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it's just government. former cbo director, douglas holtz-eakin, next. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million americans still unemployed, under employed, or having simply given up looking for work. crude oil dropping again on concerns of slow economic growth. crude oil down a dollar 83 under $90 a barrel. for california, prices statewide for gasoline are $4.99 a station, and some stations charges $6 a gallon. others shut down because of gasoline shortages. nationally, the price of a gallon is now $3.79. good news, however, exxon rep
it's just government. former cbo director, douglas holtz-eakin, next. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the...
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it's just government. former cbo director, douglas holtz-eakin, next. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million americans still unemp
it's just government. former cbo director, douglas holtz-eakin, next. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: the unemployment...
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it's just government. former cbo director, douglas holtz-eakin, next. ♪ grew up in a small town and when the rain would fall down ♪ ♪ i'd just stare out my window ♪ ♪ dreaming of what could be and if i'd end up happy ♪ ♪ i would pray i could breakaway ♪ ♪ i'll spread my wings and i'll learn how to fly ♪ i'll do what it takes till i touch the sky ♪ ♪ i gotta make a wish, take a chance, make a change, and break away ♪ ♪ out of the darkness and into the sun ♪ ♪ i won't forget all the ones that i love ♪ ♪ i gotta take a risk, take a chance, make a change, and break away ♪ lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i
it's just government. former cbo director, douglas holtz-eakin, next. ♪ grew up in a small town and when the rain would fall down ♪ ♪ i'd just stare out my window ♪ ♪ dreaming of what could be and if i'd end up happy ♪ ♪ i would pray i could breakaway ♪ ♪ i'll spread my wings and i'll learn how to fly ♪ i'll do what it takes till i touch the sky ♪ ♪ i gotta make a wish, take a chance, make a change, and break away ♪ ♪ out of the darkness and into the sun ♪ ♪ i...
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it's just government. former cbo director, douglas holtz-eakin, next. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasda
it's just government. former cbo director, douglas holtz-eakin, next. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time?...
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and high frequentty trading firms, one problem with federal government is that, they are so entangled with wall street with their 16 primary dealers, and all of the credible, not inside information in the way in which one talks about that when is illegal, but you can say they can front run the fed, and treasure they have accessed information far ahead of the public, perhaps not illegally gained but they get it. lou: your sense of the market right now, we have projects of fall off in earnings from last year, about 2.5%. which will take us down to lowest level since 2009. that is create something concern and anxiety. what are your thoughts about the next 2350u week week -- few weed months. >> for what it is worth we have earnings down in our firm next year, more than just 3%, as much as 10%, and 15%. lou: i'm talking about this quarter? >> this quarter, earnings might just be fraction of that down, maybe 3% or 4%, the fourth quarter, economic growth should be consistent with very lacklust irperformance of the year am maybe 1.55 to 2%. lou: weakening further next year? >> weakening furth
and high frequentty trading firms, one problem with federal government is that, they are so entangled with wall street with their 16 primary dealers, and all of the credible, not inside information in the way in which one talks about that when is illegal, but you can say they can front run the fed, and treasure they have accessed information far ahead of the public, perhaps not illegally gained but they get it. lou: your sense of the market right now, we have projects of fall off in earnings...
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it's just government. former cbo director, douglas holtz-eakin, next. with the spark cash card from capital one, olaf's pizza palace gets the most rewards of any small business crit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, everday! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capitalne. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz...
it's just government. former cbo director, douglas holtz-eakin, next. with the spark cash card from capital one, olaf's pizza palace gets the most rewards of any small business crit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, everday! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capitalne. choose unlimited rewards...
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Oct 12, 2012
10/12
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FBC
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there is no specificity to his program or plan for governance. if elected what makes you so confident that he is the better choice? is it his ideas or simply the experience of the obama policies? >> look. i have all large company, and i am looking for a ceo. i have to applicants. i have governor romney that has years of experience in building businesses, making perils and i have president obama that has no business experience and who i going to hire to run a company? the answer is simple, romney. well, the country is like a big company. we need a ceo. do we want to attacks on the west as i said, lots of experience in making payrolls, hiring people from building companies to our do we want someone that has only political experience? the answer, i think, is very simple. we want governor romney to be the next president. lou: davis sigell. thank you so much. we appreciate you being year. more on presidential politics throughout the broadcast as we focus on the political economy and the "a-team" joins us here later. >> to manage matter? what to the me
there is no specificity to his program or plan for governance. if elected what makes you so confident that he is the better choice? is it his ideas or simply the experience of the obama policies? >> look. i have all large company, and i am looking for a ceo. i have to applicants. i have governor romney that has years of experience in building businesses, making perils and i have president obama that has no business experience and who i going to hire to run a company? the answer is simple,...
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Oct 11, 2012
10/12
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FBC
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our numbers are closer than the government. we are coming right back. >> the vice presidential debate. they say it is time to let joby joe. are they sure about that? >> thank you, doctor pepper, and chancellor -- -- [laughter] lou: good luck with that. john sununu joins us next. and debbie wasserman schultz is a never ending string of the unexpected. the unreal, the untrue. which doesn't necessarily mean it is false. >> well, that doesn't mean it was false. >> what? lou: let's try that one more time. >> well, that doesn't mean it was false. lou: it's not you, it is her. we have the video to prove it. governor romney surging in poll after poll what was once obama territory. now uncharted territory for both candidates. the swing states are swinging. the "a-team" is here to bring it all into balance with considerable fairness as well. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great.
our numbers are closer than the government. we are coming right back. >> the vice presidential debate. they say it is time to let joby joe. are they sure about that? >> thank you, doctor pepper, and chancellor -- -- [laughter] lou: good luck with that. john sununu joins us next. and debbie wasserman schultz is a never ending string of the unexpected. the unreal, the untrue. which doesn't necessarily mean it is false. >> well, that doesn't mean it was false. >> what? lou:...
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Oct 10, 2012
10/12
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FBC
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you think that he is ready to do as well as the government that is well as president obama? >> nobody knows more about the federal budget and paul ryan does. nobody has put forward more serious proposals by paul ryan. i would expect this to be an interesting evening. he is no slouch in these things. he's going to have a real problem, the same problem the president obama had. he has a record that is almost impossible. he is going to have a tough time tomorrow, i think. lou: congressman ryan, doing very well, voters split 44% with a favorable view, 44% unfavorable for the vice president. 51% view, unfavorable, we used to call that negative. 39% readable. congressman ryan, has a modest advantage. i don't know how that will influence the outcome. i think it's still going to be all about performance. the last thing that i remember is that lloyd bentsen said to dan quayle, you are no jack kennedy. it turned out that lloyd bentsen was no vice president, either. because it just didn't matter. will this thing matters subsequently to the outcome of the presidential election? >> i thin
you think that he is ready to do as well as the government that is well as president obama? >> nobody knows more about the federal budget and paul ryan does. nobody has put forward more serious proposals by paul ryan. i would expect this to be an interesting evening. he is no slouch in these things. he's going to have a real problem, the same problem the president obama had. he has a record that is almost impossible. he is going to have a tough time tomorrow, i think. lou: congressman...
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and a riing star in the republican party supporting limited government and fiscal discipline in this state of utah. she is ahead in the polls. is this a national trend? mayor mia l lou: president obama's underperformance on the national stage, republican utah congressional candidate mia love will join us in just a moment to talk about the challenges of this election year. first, on wall street, stocks closing lower of what end of what is expected to be a weak earnings season, and beginning to rip, at least. perhaps some volatility. the dow jones industrial is down 26 points. the s&p fell five points, the nasdaq down 34 points. third-quarter ckoff tomorrow. companies in the s&p expected to post overall a decline in profits for the first time in nearly three years. about 2.5% lower of the previous years. meanwhile, the world bank slashed its growth outlook for the developing economies of eastern asia and the pacific region. about 7% down from an earlier projection of more than 7.5%. the weakest growth outlook in 11 years. turning back to politics, president obama's lackf popularity, pu
and a riing star in the republican party supporting limited government and fiscal discipline in this state of utah. she is ahead in the polls. is this a national trend? mayor mia l lou: president obama's underperformance on the national stage, republican utah congressional candidate mia love will join us in just a moment to talk about the challenges of this election year. first, on wall street, stocks closing lower of what end of what is expected to be a weak earnings season, and beginning to...
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and a rising star in the republican party supporting limited government and fiscal discipline in this state of utah. she is ahead in the polls. is this a national trend? mayor mia love is our guest next you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: president obama's underperformance on the national stage, republican utah congressional candidate mia love will join us in just a moment to talk about the challenges of this election year. first, on wall street, stocks closing lower of what end of what is expected to be a weak earnings season, and beginning to rip, at least. perhaps some volatility. the dow jones industrial is down 26 points. the s&p fell five points, the nasdaq down 34 points. third-quarter kickoff tomorrow. compa
and a rising star in the republican party supporting limited government and fiscal discipline in this state of utah. she is ahead in the polls. is this a national trend? mayor mia love is our guest next you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger...